The evaluation period from 2014 to 2023 included the replenishments of the Asian Development Fund (ADF) in 2016 and 2020; increases in the volume of ADB operations following the ADF and OCR merger in 2017, and response to the COVID-19 pandemic in 2020; the transition from ADB Corporate Strategy 2020 to Strategy 2030 in 2018; and Capital Adequacy Framework update and the adoption of a new operating model (NOM) in 2023.
The evaluation highlights key findings, lessons learned, and recommendations for improving TA deployment that can be applied under the NOM. It covers various aspects, including the alignment of TA operations with ADB’s corporate and country priorities, the efficiency of TA operation processes and the need to enhance monitoring and reporting systems, the effectiveness of TA operations, and the need for ADB to strengthen institutional capacity development supported by TA operations.